After Jumping 4.41% During The Past Week, Should You Still Buy LeddarTech Holdings Inc (NASDAQ: LDTC)?

LeddarTech Holdings Inc (NASDAQ:LDTC)’s traded shares stood at 0.95 million during the latest session, with the company’s beta value hitting -0.38. At the last check today, the stock’s price was $1.07, to imply an increase of 33.13% or $0.27 in intraday trading. The LDTC share’s 52-week high remains $5.20, putting it -385.98% down since that peak but still an impressive 79.44% since price per share fell to its 52-week low of $0.22. The company has a valuation of $39.66M, with an average of 12.24 million shares in intraday trading volume over the past 10 days and average of 7.05 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for LeddarTech Holdings Inc (LDTC), translating to a mean rating of 2.33. Of 1 analyst(s) looking at the stock, 0 analyst(s) give LDTC a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.35.

LeddarTech Holdings Inc (NASDAQ:LDTC) trade information

After registering a 33.13% upside in the latest session, LeddarTech Holdings Inc (LDTC) has traded red over the past five days. The 5-day price performance for the stock is 4.41%, and 222.43% over 30 days. With these gigs, the year-to-date price performance is -58.48%. Short interest in LeddarTech Holdings Inc (NASDAQ:LDTC) saw shorts transact 33747.0 shares and set a 0.15 days time to cover.

The extremes give us $1 and $1 for target low and target high price respectively. As such, LDTC has been trading 6.54% off suggested target high and 6.54% from its likely low.

LeddarTech Holdings Inc (LDTC) estimates and forecasts

Looking at statistics comparing LeddarTech Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. LeddarTech Holdings Inc (LDTC) shares are 39.95% up over the last 6 months, with its year-to-date growth rate lower than industry average at 22.58% against 26.50%. The rating firms project that company’s revenue will shrink -16.89% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 901.5k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.39M.Earnings reports from the last fiscal year show that sales brought in 1.71M and 1.86M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -47.13% before dropping -24.91% in the following quarter.

LDTC Dividends

LeddarTech Holdings Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.